M&S rejects Greens' Takeover bid

The British Financial Services Authority said today it was taking no action against Stuart Rose following an inquiry into share dealings made by the Marks & Spencer boss.

M&S rejects Greens' Takeover bid
Thu, 08 Jul, 2004 - 16:51

The British Financial Services Authority said today it was taking no action against Stuart Rose following an inquiry into share dealings made by the Marks & Spencer boss.

Meanwhile, tycoon Philip Green suffered a major setback earlier today in his bid to land Marks & Spencer today when his £9.1bn (€13.6bn) approach was rejected by the retailer.

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